YEARLY HIGH
0.2919 UYU
YEARLY LOW
0.2685 UYU
YEARLY AVERAGE
0.2816 UYU

2023 ISK to UYU Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ISK to UYU exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.2919. Conversely, the yearly low was recorded on February 25, dropping to 0.2685.

This high-to-low spread represents a total annual volatility of 0.0234 UYU. From a start-to-finish perspective, comparing the January average rate of 0.2763 to the December average rate of 0.2849, the exchange rate registered a net change of 3.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2919 was down 17.03% compared to the 2022 peak of 0.3518, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ISK based on timing:

Yearly Peak High 1,459 UYU
2022 Average 1,527 UYU
Yearly Trough Low 1,343 UYU
Transaction Impact: A difference of 116.80 UYU purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2886
0.2717
JanuMarcMayJulySeptNove

ISK to UYU Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.2786, compared to 0.2847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.2786
H2 Avg (Jul–Dec) 0.2847

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0191 UYU (High: 0.2919 / Low: 0.2728). On the other end, April was the most stable month, with a tight range of 0.0056 UYU (High: 0.2866 / Low: 0.2810).

July Spread (Volatile) ±0.0191
April Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0061 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.2852) against the same month in 2022 (average: 0.3001), the exchange rate shifted by -0.0148 (-4.94%).

2023 Avg (July) 0.2852
2022 Avg (July) 0.3001

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2822 0.2722 0.2763
February 0.2779 0.2685 0.2731
March 0.2863 0.2730 0.2794
April 0.2866 0.2810 0.2840
May 0.2870 0.2759 0.2808
June 0.2816 0.2747 0.2777
July 0.2919 0.2728 0.2852
August 0.2915 0.2847 0.2872
September 0.2855 0.2773 0.2811
October 0.2899 0.2756 0.2858
November 0.2881 0.2769 0.2836
December 0.2909 0.2800 0.2849